Double Bottom, looks oversold and will revert to the mean at around $90 sometime in early March.
Now that we know what wave a and b are as a part of the monthly wave 4 correction - I believe the price will reach $154 to conclude wave c. At $154 it is a definite buy. As an options play- I recommend either/or: 1) Riskier/More Reward - 10/19/18 $165 P (1200% play) 2) Safer - 11/16/18 $165 P (200-190% play)
Purchased 10/26/18 300 Calls @$0.82 . Let's see the money!
I don't recommend taking any action on NFLX until the B wave correction is complete. Afterward, I recommend purchasing OTM puts around 330.
I already entered the 10/12/18 285 Puts @$3.21. Expect $275.
NVDA looks like it will reach 290 by Oct. 1st, I recommend purchasing 10/19/18 $290 Calls.
QQQ is in the middle of Wave 5, I expect a complex Wave 5 most likely to end at 100% extension ($207). FANG Bull Market almost over: A, B, C correction imminent...
I believe FB will reach $174 EOW: Will look to purchase 167.5 Call Sept. 28 expiry. Expecting 200-600%.
NFLX experiencing Complex Wave 3, would buy long calls for Oct. 26 Exp @ $425.